My Teenage Son Called Us Hoarders — He Was Right

His teenage son had one question for the family: are we hoarding money that should be helping people right now?

In this episode, Alberto sits down with Martin Dunn, a US-based philanthropist and founder of the Blue Sky Social Justice Fund, about a question sitting at the centre of his own giving: whether wealth meant to do good should be deployed now, on the problems directly in front of us, or preserved in an endowment for someone else to decide on later.

• Why didn’t explaining the reasons for holding onto wealth, reasons that were all technically true, actually answer his son’s question?
• What does it mean to treat your own net worth as a private scorecard, even when giving it away was always the plan?
• Why have his own children pushed back not just on personal wealth, but on the idea of saving philanthropic money for the future at all?
• Is there such a thing as an “enough number” when it comes to wealth?
• What actually gets lost when a foundation chooses to exist forever instead of choosing to deploy all its funds now?

Press play to hear why one philanthropist decided the problems of today cannot wait for tomorrow’s wealth to solve them. This episode is for everyone who cares about whether money meant to do good should be spent now, or saved for later.

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